@Rendoshi1@econoar He’s longed BTC since 60K
That’s his hedge. Covers himself if market decides to go up. given the conditions of the economy and data. you should be bearish too which is right move
SpaceX option package for new Tesla Roadster will include ~10 small rocket thrusters arranged seamlessly around car. These rocket engines dramatically improve acceleration, top speed, braking & cornering. Maybe they will even allow a Tesla to fly …
big picture check. gold, nasdaq, btc, oil, dollar, all on one page.
nasdaq +17% ytd, 5% off the highs
gold -21% from the jan top
btc -7% ytd, still -35% from the high, but +27% in 3 months
oil +66% ytd 🧵
tldr
- its a yields market. watch the 10y before the chart
- 10+ dollar both rising = worst tape for all 3
- not a short signal but a "be pickier" signal
- the turn is when the 10y loses its 13w avg. thats when the +69% regime starts